Blackstone Defaults on $562 Million Nordic CMBS

The video discusses the challenges faced by commercial landlords due to remote work and rising interest rates, focusing on the use of floating rate debt. It explores strategic defaults as a negotiation tactic, particularly in the context of commercial mortgage-backed securities. The discussion includes the dynamics of negotiation between borrowers and lenders, and the potential for acquiring properties at a discount. The video also provides insights into regional real estate markets, with a specific focus on Finland's high vacancy rates.

How does the default of landlords affect their negotiation leverage?

What is the current state of the real estate market in Finland as discussed in the text?